SundaeSwap should act as the PancakeSwap of the Cardano ecosystem! While the project is something that $ADA holders look forward to, what about large investment groups?
On a Twitter page, Galen LawKun shared her thesis on SundaeSwap and the entire Cardano ecosystem. According to the Twitter profile, this involved Double Peak Group, a family office that would focus on investing in the overall digital assets and blockchain space.
According to the Twitter feed, SundaeSwap would be the very first investment made by Double Peak. Unite across the Cardano ecosystem. They would also join other considerable investors in the crypto space—Darrenlautf, who raised $1.3 million in seed capital. Galen explained how they were presented at SundaeSwap, thanks to a mutual introduction made by Nico Arqueros, CEO of dcspark.io.
Galen reportedly decided it was a good idea to meet the team behind SundaeSwap and find out more about what they’re doing in the Cardanoverse.
Galen noted that it was essential for them to keep an open mind and not be in an echo chamber. At the moment, no L1’s are perfect, with most of them currently experiencing growth issues.
Having no experience with the Cardano ecosystem, Galen thanked Nico Arqueros and DavidMRoeBuck for spending time with them as he scoured the entire market and even highlighted areas to watch out for within the set from the Cardano community.
For now, Galen has noted that it is now in the early days and that Cardano has a very strong and active community and thinks there will be some cool projects coming out in the months to come.
It was noted that overall, as the Double Peak Group’s initial investment in the entire Cardano ecosystem, they noted that they were looking forward to seeing what SundaeSwap will be able to achieve in the coming months when it finally launches.
Double Peak notes that they have invested in many different areas such as CrossChain Platforms, Wealth Management, Banking & Payments, CeFiDeFi Bridges, Investment Funds, Privacy/security, infrastructure protocols, gaming/ gaming / NFT, commerce and exchanges, and the metaverse.
Image courtesy of Brian Jung/YouTube
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